Ichimoku analysis (4-hour chart)
Tenken-Sen- 117.94
Kijun-Sen- 118.22
CHF/JPY is consolidating in the range of 117.70 and 117.99 for the past 24 hours. The slight strength in yen despite the jump in US bond yield is putting pressure on this pair at higher levels. USDJPY trade below 106, any violation below 105.50 confirms bearish continuation. USDCHF struggles to break above 0.9000 levels. Significant trend reversal only above 0.90450. The intraday trend of CHFJPY remains bearish as long as resistance 118.85 holds.
Technical:
The pair's strong resistance is at 119, violation above will take to the next level 120/120.60. On the lower side, near-term support is around 117.50, and any indicative break below targets 117.30/116.91/116.15.
Indicator (60 min chart)
CAM indicator – Neutral
Directional movement index – Neutral
It is good to sell on rallies around 118.25-30-50 with SL around 118.85 for the TP of 117.30.


FxWirePro USD/CAD steadies around 1.3910,retains bid tone
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD softens as risk appetite abates
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout 



